CandleFocus Shiba Inu (SHIB) Eyes Epic 100% Increase in $70 Million Bullish Whale Activity
2024-10-10
Author: Content Editor
The meme-inspired cryptocurrency Shiba Inu (SHIB) has experienced a significant increase in whale activity, with large transactions involving SHIB rising by over 100% in the last 24 hours. The volume of transactions over $100,000 has surged to 4.15 trillion SHIB, equivalent to gains of $36.06 million. In total, there were 110 large transactions, with an average of 37.73 billion SHIB per transaction. Additionally, the net sum of inflows and outflows from wallets holding at least 0.1% of SHIB's outstanding supply increased by 84.4% compared to the previous day. This suggests that whales are currently bullish on SHIB.
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